Financial experts argue that gold and silver are once again obtaining their “monetary value” due to the outsized fiscal deficits around the world.
Gold and silver prices set new highs on Monday, eclipsing $4,445 per ounce, with prices up nearly 70 percent since the start of the year. Gold has long been viewed as a hedge and a safe haven in times of economic and political turmoil.
Silver prices have risen 128 percent since the start of 2025.
Many have sought to balance their portfolios with gold and silver as a hedge for future turbulence.
Matthew McLennan, head of the global value team at First Eagle Investments, said that because of the…
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